The global diagnostic imaging market is highly competitive, with a large number of global and local players. X-ray imaging system is expected to hold largest share of global diagnostic imaging market in the forecast period. Factors like increasing number of new product launches by market players to strengthen their product portfolio and strategic collaborations to offer expanded capabilities to customers are stimulating growth of global X-ray imaging systems market.
Complete report on Diagnostic Imaging Market spread across 208 pages, profiling 10 companies and supported with 93 tables and 61 figures is now available at http://www.reportsnreports.com/reports/279649-diagnostic-imaging-market-by-x-ray-systems-digital-analog-portable-computed-tomography-ultrasound-imaging-systems-2d-3d-4d-doppler-mri-machines-closed-open-and-nuclear-imaging-systems-spect-pet-pet-ct-global-forecasts-to-2018.html .
Global diagnostic imaging market is estimated to grow at a CAGR of 6.2% from 2015 to 2020. Although mature market such as North America and Europe hold larger share in diagnostic imaging market, Asia-Pacific region is expected to grow at highest CAGR of 7.2%.
Premium Insights of diagnostic imaging are covered in this research
1 Global Diagnostic Imaging Market Overview
2 Geographic Analysis: Diagnostic Imaging Market Share, By Product, 2015
3 Geographical Snapshot of the Diagnostic Imaging Market, 2015
4 Life Cycle Analysis, By Region
Growth of diagnostic imaging market is primarily triggered by factors such as the increasing aging population, improving healthcare facilitates in emerging countries of Asia-Pacific and RoW region, geographic expansion of market players, & government initiatives to fulfill healthcare needs.
However, factors such as high cost of diagnostic imaging systems, growing preference of hospitals towards refurbished devices due to budget constraints, and reimbursement cuts in mature regions are restraining the growth of the diagnostic imaging market. Growing public-private investments by market players in emerging regions of Asia-Pacific and RoW are creating opportunities for growth of diagnostic imaging market in these regions.
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Based on the type of modalities, the global diagnostic market is categorized into five segments, namely, X-ray Imaging Systems, Computed Tomography (CT) Systems, Ultrasound Systems, Magnetic Resonance Imaging (MRI) Systems, and Nuclear Imaging Systems. Each modality is further divided into subsegments.
X-ray and ultrasound systems market is divided on the basis of technology and portability; whereas, CT systems are divided on the type of slice. MRI systems are divided on basis of type of architecture and field strength. Nuclear imaging systems market is categorized into SPECT and hybrid PET systems, which are further divided into standalone and hybrid modalities.
Global diagnostic imaging market was dominated by GE Healthcare (General Electric Company, U.K.), Siemens Healthcare GmBH (Siemens AG, Germany), Koninklijke Philips N.V. (The Netherlands), Toshiba Medical Systems Corporation (Toshiba Corporation, Japan), and Hitachi Medical Corporation (Hitachi Ltd., Japan).
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Geographically, North America commands largest share of~33% of global diagnostic imaging market in 2015, followed by Europe. Diagnostic imaging market in North American market is primarily driven by various factors, including the high incidence and prevalence of various diseases (such as cancer and CVD), large number of diagnostic imaging centers and procedures in this region, growing number of ongoing research activities, and fast adoption of technologically advanced imaging systems.
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